NetScout to Merge With Danaher Unit in $2.6 Billion Deal

NetScout Systems Inc. agreed to merge with the communications unit of Danaher Corp. in a $2.6 billion deal, creating a larger provider of tools that test networks and help protect corporations from security threats.

Danaher shareholders will get about 60 percent of NetScout’s outstanding shares at the closing of the tax-free transaction, according to a statement. NetScout Chief Executive Officer Anil Singhal, who more than owns 5 percent of the company he co-founded, will lead the combined business.